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as the averages denied washington's gravitational pull, the dow gaining 60 points, s&p climbing .5%, nasdaq advancing .20%, we know when the president or the speaker of the house comes on the tube these days, the market is going to get hammered. sell, sell, sell, sell, sell, sell. even if it is just temporary. >> sell, sell, sell. >> the only thing you need to know is the time they're going to come on. if you could just blast out of some aggressive growth stocks or sell some s&p future us when see them walk to the podium, you could probably coin money! i'm surprised the president doesn't start his talks by saying, look, look, america, i'm about to send the s&p 500 down a percent with what i say. ou how about the speaker? suffice it to say we all have to keep one eye on washington and hope they don't poke it out with their endless failure to rise above partisanship. when we started this campaign, i'm sure a lot of people said don't worry, i'm sure they'll do it. today was like the worst day yet. the two parties hate each other. they really do. they personally hate each other. but how about t
, courtesy of the newseum in washington, as this headline -- some schools are closed in the state so teachers can also protests that block today. here is the detroit news. there headline -- michigan pro-union people are protesting this law. the republican-led legislature is expected to take it up today. this legislation would bar workers from being required to pay union fees as a condition of employment even as thousands of union members plan to protest at the state capital. the story continues inside the new york times. we are getting your take on this this morning. start dialing in now. the wall street journal editorial page, they weigh in on the issue this morning. you can tell this is a big deal, based on the fury of big labor's reaction. edie in greenville, south carolina, democratic caller. is it eddie? i'm sorry. good morning. caller: good morning. i live in a work state and does not benefit the employer is at all. a company just moved into it charleston, boeing. they had the first test flight or three months ago on the 787. that was catastrophic. the wheel well caught on fire. other t
: money and guns continued to dominate the conversation here in washington this holiday season, and we will focus on both of those issues this morning. yesterday, press conferences on the fiscal cliff negotiations. >> republicans continue to work to avoid the fiscal cliff. $1.30 trillion in revenues, $850 billion in spending reductions fails to meet the test that the president promised the american people as a balanced approach. i hope the president will get serious about working with us on a balanced approach. tomorrow, the house will pass legislation to make permanent tax relief for nearly every american. 99.81% of the american people. the president can call on senate democrats to pass that bill, or he can be responsible for the largest tax increase in american history. host: joining us by phone is susan ferrechio, chief congressional correspondent for the "washington examiner." if 51-second press conference. guest: there have been press occurrences in the past where the speaker has come out and made a brief statement and not answer questions. to come out and say we are going to pass
washington" at 5:00 a.m. begins now. >> live and in hd, this is "good morning washington," on your side. >> good morning, washington. it is friday, december 28. 5:00 a.m. now. i am scott thuman. cynne is off today. we begin with jacqui jeras with the weather. everybody wants to know the football forecast. >> no problem. today will be great. sunday will be pretty good. it is tomorrow to worry about if you are trying to travel. snow will be moving in, but it will not be a major storm. 37 degrees this morning in d.c., 34 at dulles, 36 in manassas 30 and in fredericksburg. there is a winter weather advisory issued ahead of the storm in the highlands, northern ireland, west virginia. 4 + inches could be expected especially along the ridgetops. -- winter weather advisory issued ahead of the storm in northern maryland, west virginia, in the highlands. highs today around 40 degrees. now, steve >> . there's a problem in bethesda. this is southbound at 355 /wisconsin avenue, cedar lane. you have to squeeze by to the right to get through. you can get by the water main break. it's not a heavy volum
solid reasons to feel totally downbeat. first, i can't believe we're still focusing on this washington thing. for five years we've had to keep one eye on washington, one eye on wall street. i remember whole ten-year stretches i didn't care what was happening down there. at the moment, we can barely focus on anything but washington. the whole u.s. economy, your entire portfolio is hostage to two warring parties, demonstrating a level of partisanship that's been empirically measured to being the worst since 1860, the origins of the civil war. let's hope it doesn't take out that particular benchmark. we're witnessing a titanic struggle between those who are willing to rise above politics, and compromise to cut spending and increase taxes. yes, that's the actual compromise radical middle position as dave cote from honeywell says, and those who simply refuse to accept tax increases or entitlement cuts. given that the president's saying he campaigned and won on a platform of higher taxes for the wealthy and the republicans say they were elected because they pledged to behind the scenes power
of washington today as jim demint the informal leader of the senate tea party caucus announced his resignation. he is going to step down and into the director's chair at the conservative think tank the heritage foundation. that position not only allows him to shape the conservative agenda from the outside. it also comes with a pretty significant raise. demint now makes $174,000 a year. he's got an estimated net worth of $65,000. so he's actually the fourth poorest senator right now according to open secrets. but at heritage he's going to pull down a cool estimated million dollar salary. he told rush limbaugh that it's about principles not dollars, saying quote, i believe that i can do more good for the conservative movement outside of the senate. of course he has done a lot for the movement inside the senate because through his senate conservative fund he has cultivated a whole host of tea partyers including tea party senators like ron johnson, mike lee, marco rubio, pat toomey rand paul geoff flake, geoff fisher. perhaps his worst was backing tod
was happening down there. at the moment, we can barely focus on anything but washington. the whole u.s. economy, your entire portfolio is hostage to two warring parties, demonstrating a level of partisanship that's been measured to being the worst since 1860, the origins of the civil war. let's hope it doesn't take out that particular benchmark. we're witnessing the titanic struggle between those who are willing to rise above politics, and compromise to cut spending and increase taxes. yes, that's the actual compromise radical middle position as dave cote from honeywell says, and those who refuse to accept entitlement cuts. given that the president's saying he campaigned and won on a platform of higher taxes for the wealthy and the republicans say they were elected because they pledged to behind the scenes power broker grover norquist they would never raise taxes, it certainly seems that the impasse cannot be solved and we got to -- go over the cliff. not only do the hard liners refuse to rise above partisanship in order to avoid a government man-dated recession, which is what it's amounted to
that vowed to change washington. >> the tea party movement is alive and well. >> it's going to continue to redefine the political landscape in 2012. >> this november we're going to take back the senate and fortify the house. be aware, washington. tea party patriots are alive and well. >> didn't exactly work out that way, now, did it? this election sent tea party stars packing. joe walsh, gone. allen west, gone. richard mourdock, gone. todd akin, gone. and it's not just the election losses. the cracks are springing up all over the tea party kettle. this week, we learned that dick armey, the head of the major tea party group, freedom works, is out. one by one, gop lawmakers have distanced themselves from the tea party's once sacred anti-tax pledge. 44 and counting. and the american people are rejecting the entire movement. the group's disapproval rating has jumped 24 point since 2010. so the tea party's monster looks like its on its last leg. all i can say is, good rid dance. joining me now is former governor of pennsylvania, ed rendell, and now an msnbc political analyst. and joan walsh,
if taxes go up in 2013. host: flags all around washington, d.c. are at half staff this morning like the one you are feeling on the capital. good morning and welcome to "washington journal." for the first hour we will be talking about the aftermath of the shooting of in newtown, conn that happened yesterday. we will talk about the actions of the teachers. we will get into discussion about gun-control. that always seems to come up after situations like this. we would like for you to get involved in the conversation. the numbers are on the screen. we want to hear from teachers and people who work in the classrooms, principals and vice principals, people connected with education to find your thoughts on what happened yesterday. the actions of the teachers. how safe are in america's schools and america's schoolchildren. this is how the story is being played this morning on the front page of the "new york daily news." this is the way it is being reported this morning in "the wall street journal." the president talked about the shootings at the elementary school calling it a hate crime and vowing
in beijing. they defend the dollar. the threat comes from washington and wall street. i make that new arguments in the new edition of "wealth and poverty." >> george gilder come you rate the united states over the last decade has witnessed a classic confrontation between the forces of entrepreneurial capitalism and those of established institutions, claiming a higher virtue, expertise and political standing. once i subsist on unforced for the enterprise. the other on branson told some privileges at the treasury, the federal reserve and the white house. >> that is exactly what we've had. when michael lewis wrote up a bit short. he is writing about all the jackal of hedge funds and the bed against the big banks were all supporting these subprime mortgages concoctions, confections and scans. it was all the most prestigious forces in both u.s. and the world economy that backed the blindsided by collet, people who are investing in these crazy concocted mortgage securities in which the value was totally unknown by the people investing in a period the people shorting means were hatch funds i
there seems to be progress still no fiscal cliff deal in washington. house speaker john boehner said he has a backup plan. but that's not enough for one in three americans who according to a new survey are cutting back on spending due to fears of going over that cliff. nbc's tracie potts joins us now with more. good morning. >> reporter: mara, good morning. good morning, everyone. there is brand new evidence in that survey that americans are really feeling the squeeze before we've even gone over the cliff, plus republicans are changing their strategy. republicans are planning a vote as early as tomorrow to keep taxes low for everyone making up $1 million. >> going to have to go to plan "b." because we want to make sure we do not go off the cliff. >> everyone should understand boehner's proposal will not pass the senate. >> reporter: president obama offered a lower threshold, 400,000. >> the president has come halfway. he hopes that the republicans will do the same. >> reporter: republicans see this million dollar vote as a last-ditchest to save business o ditch effort to save business owner
what washington needs to crack the whole fiscal cliff thing wide-open. all i'm saying is i think it has the power to bring people together simpson style. that's it for us. thanks for watching. "early start" begins now. >>> new this morning, tanks and personnel carriers stationed outside the presidential palace in egypt, clashes turning deadly overnight. rage at the new leader fears he may become the old leader. we're live from outside the palace in 30 seconds. >>> plus new reports that syria is putting chemical components in bombs. the details, straight ahead. >>> as of this morning for the first time in the history of our country, it is now legal to smoke pot for recreational purposes in a state and we are there for the pot party. good morning, welcome to "early start." i'm christine romans in for john berman this thursday morning. >> i bet you never thought you'd say that, live at a pot party. >>> good morning to you, i'm zoraida sambolin, 5:00 a.m. in the east here. >>> tension has quickly turned to deadly violence in egypt. this morning, tanks and armored personnel carriers are guar
let's close tonight with some advice from one of you to washington. >> my message to all of washington for the new year is to set partisanship aside working on behalf of 100% of the voters, fix this mess you've gotten us into, bring a balanced budget to the table to grow this economy for the long term not the short term. >> there you go. for the long term, not the short term. >> there you go. i'm don lemon. happy new year to you. jooirksz . >>> hello, i'm don lemon and this is cnn's top 10 of 2012. we look at the stories that captured our attention, what we see as the biggest stories of the year around the world, in crime, money, weather and even the biggestscandals and later this hour, those stories chosen by you. anchor of state of the union, candy crowley, with the top ten political stories of 2012. >>> like finding your favorite grain of sand on the beach. impossible number of possibilities. catch phrases become boomerangs. >> if you got a business you didn't build that. >> i like being aable to find service members. >> i'm an american woman who uses contraception. let's start ther
are always relatively optimistic about the economy, but even after last night and what we in washington? >> sure. you know, yes, the fiscal cliff is coming. we have known him for a long time. the dow is still over 13,000. it is not just because the market thinks we have the great deal ever. tax rates will go up. we will have deficits, as far as the eye can see. by the way, we had pretty darn good news on personal income and spending and durable goods today. the economy is hanging in there, as well. connell: i thought it would be interesting to watch the close, because to me, maybe a deal is more likely after last night because the speaker, if anything, lost his leverage. how do you view that part of it? >> in the end, there is really an infinite number of outcomes. we believeethere is really just about 25% chance that we just go over the cliff unimpeded. the sequestration happens and all of the tax hikes. some kind of deal will probably get done. if the house were to pass that bill, it could go into law. it would keep dividend and tax rates from going higher. they just cannot reach a de
of it is prevalent in the papers. wednesday with congress and the president heading back to washington. here is a headline on "usa today." in the wall street journal -- if the in "the washington post." we welcome your phone calls. we will get to them in a moment. we did find another piece at politico. there you have it in the papers this morning about people being optimistic or pessimistic about things. i want to dig a little bit deeper into "the wall street journal" piece. i we will probably see some what of a flurry of activity tomorrow. if first call. what is your name and where are you calling from? i think that caller is gone. let's try the next call. caller: i am optimistic because this is a great country. we are one nation under god that. i think people ought to turn to their faith during these times because we have always needed to through hard times. host: how will this play in washington but the fiscal glove? caller: i think the republicans are going to have to give it more than the democrats. president obama is basically going to do with the people voted him in for. i think he wil
for full implementation of tracy: washington is bracing itself f the full implementtation of dodd-frank. but will dodd-frank prevent another financial meltdown, let's ask bart chilton. i know you are testifying tomorrow to report on how it is going with the implementation of dodd-frank how is it going? >> slow but sure, we have not made as much progress as law required. about 400 rules in the government we've done within 35, we'r135, we'reslow but floodingd the rig balance, and g things right, and don't cause a market migration to to other country, and don't create a devastating havoc on financial firms or markets. tracy: we've seen before with sarbanes-oxley, it became arduous. that can't happen again. >> the systemic risk, the risk to all of us, some people call it, too big to fail. that is the problem in 2008, we lost 9 million jobs, and people lost their homes, that is what we're trying to resolve. tracy: with 400 new rules, do you really think you will prevent another -- if we have -- another financial crisis, there are people out there that are starter than all of us, figuri
unless washington gets its act together 90% of americans will see their taxes rise as a series of tax increase and spending cuts take effect. yet negotiations between the white house and congressional republicans are at a standstill. anna werner is in our washington bureau. good morning. >> reporter: good morning. unless congress comes to an agreement on the fiscal cliff it would mean a tax hike plus some $65 billion would be cut from the pentagon and other government agencies. both sides are hoping for a compromise. but so far all there's been is debate. >> i've been keeping my own naughty and nice list for washington. >> reporter: president obama took his fight to the public while visiting a toy company in pennsylvania where he warned republicans not to play scrooge. >> it's not acceptable to me and i don't think it's acceptable for you for a handful of republicans to hold middle class tax cuts held hostage. >> reporter: the white house proposal includes $4 trillion in deficit reduction, $400 billion in cuts to entitlement and $50 billion in infrastructure. john
but we're talking about snow. it doesn't take a lot in washington to start causing somics. the good news is the timing is pretty good. lots of sunshine -- not a lot of sunshine. some sunshine, high temperatures about 42 degrees. >> all right. we'll take it. >> time now to check in with jeff newman to see how things are moving along on the roads. >> good morning. it is docile and mellow and soporific. i'll pull out my thesaurus and see what other words i can give you. heading over to the wilson bridge from alexandria around the outer loop into prince george's county, no problems to report. again, not expecting a very busy rush hour this morning into prince george's county. same situation as you head around towards landover and to the top side of the play. heading down from gaithersburg and rockville down to the split, your travel lanes are open. in bethesda, traveling southbound on wisconsin avenue o355 just before cedar lane, you are reduced to one lane. your right lane gets by as the crews are working on the water main break and that will last reportedly well into this morning's rush ho
don't have to look too hard in washington these days to see the fiscal cliff theater. >> nobody wants to get this done more than me. >> our goal is to make sure it gets solved. >> the president is ready, willing and able, waiting to be able to sit down and seriously negotiate this. but they have to be willing to come to the table with specifics. >> the next 72 hours are critical. if he sits back and continues to play politics, that will give your answer where we're going. >> some lawmakers are actually going back home to their districts. congress has little scheduled business for the rest of the week. house speaker john boehner is saying that's not going to stop negotiations though. in the meantime pentagon officials say the white house has ordered the military to start planning for the possibility of cutting $500 billion from its budget over the next decade in case no fiscal cliff deal is scheduled. the military had been told for months not to get ready for these budget cuts. in the meantime, "the washington post" released a survey earlier this week. it found 53% of people polled wou
washington commission. this is not something where folks are going to be studying the issue for six months and publishing a report that gets read and pushed aside. this a team that has a very specific task, to pull together real reforms, right now. >> shepard: the president said the second amendment does guarantee an individual's right to bear arms. he believes the vast majority of gun owners in america are responsible. >> i am also betting that the majority the vast majority of law abiding gun owners would be the first to say that we should be able to keep a few law breaking. >> shepard: specifically the president is hinting at military style assault weapons and high ammunition clips. most americans support background checks before all gun purchases involving those private dealers. he addede need to work to make access to mental healthcare as easy as access to guns. and we need a closer look at a culture that glorifies guns and violence as he put it of course we have seen mass shootings over and over again. the president ticked off a long list today. and we have heard outrage and vows for
joe" from washington. live with us here, nbc chief foreign affairs correspondent and host of "andrea mitchell reports," andrea mitchell. white house correspondent for the huffington post, sam stein, executive editor of bloomberg news, al hunt and "time" magazine senior political analyst and "way too early" talent -- he was just extraordinary -- mark halperin. mark, you were just -- you were extraordinary. >> no one told me there's no net in that job. >> there is no net. he was great. who could turn the world on with a smile? i mean, mark halperin could, al hunt. >> throwing his hat in the air. >> we need to toss his hat in the air. sam stein has no idea what we're talking about. >> zero. >> so depressed. not a "seinfeld" reference, the greatest series of all time. al hunt, al, this is -- i'm at a loss what's going on in washington. i mean, we can all assign blame. i, right now, am especially curious with what's going through my party's mind on the fiscal cliff. but what -- why the breakdown? you know, if you're a republican, you say, i'll raise taxes. you have crossed the line. you h
. first signs of a changing dynamic in washington. many believe friday's unspeakable acts in connecticut could mark a tipping point. the "washington post" reporting that president obama ordered cabinet members to order proposals to curb gun violence, a push that could include a new ban on assault rifles. sources say vice president joe biden will spearhead that effort. still the white house press secretary jay carney wasn't ready to unveil specifics. >> it's a complex problem that will require complex solution. no single piece of legislation no single action will fully address the problem. so i don't have a specific agenda to announce to you today. >> one of the nation's leading proponents for gun regulation, mayor michael bloomberg, said he is prepared to use his own personal fortune for this cause. adding there's simply no need to wait for another tragedy to happen. >> if the massacre in tucson wasn't enough to make our national leaders act, and if the more recent bloodshed in aurora, colorado, oak creek, wisconsin, portland, oregon and other towns wasn't enough, perhaps this slaughter
goldfarb to take questions about text extenders at 8:30 eastern. "washington journal" is next. ♪ host: we will spend about two hours this morning on the "washington journal" talking about the fiscal cliff. we want to start off hearing from you on a different topic. what do you think about hillary clinton's future and her running for president in 2016? that is our question this morning on the "washington journal." you can start dialing in now, or you can contact us via social media. you can make a comment on our facebook page. you can also send us an e-mail. from "the hill" newspaper yesterday -- a new poll by abc news and "the washington post." 57% say they support a presidential bid from every clinton in 2016. -- from hillary clinton in 2016. 68% approved of her work as secretary of state. 66% hold a favorable view of clinton after her department has faced criticism over the handling of benghazi and libya. clinton also has heavy support in new york were 54% of registered voters say they would support a presidential bid by her in 2016. that is an "the hill" newspaper. we hav
, not just here in washington, but in many state and local races. a reminder that that may come to bear if some of those lawmakers get on board with this new idea of gun laws. the nra might make them pay at the polls. randi? >> thank you, tom. the nra statement came one week to the day of the sandy hook elementary shooting. across the nation a moment of silence, honoring those victims. [ bell tolls ] >> james mattioli, age 6. [ bell tolls ] >> in hartford, connecticut, a touching scene, the bell ringing for each of the victims, each little angel receiving their wings. >>> you are looking now at some live pictures of the white house and capitol hill, but the people who could get a deal done on the fiscal cliff impasse, well, they're not there. lawmakers have gone home for the holiday recess. and president obama and the first family arrived in hawaii just a short time ago. the president and lawmakers are expected to return thursday after the christmas break. before leaving washington, mr. obama and house speaker john boehner both expressed hope that a deal will actually get done. >> we ca
on the fiscal cliff in washington, d.c. with the clock ticking away just days left for congress to reach a deal. are we any closer? >>> plus, a staple in hundreds of thousands of african-american homes for decades. "jet" magazine not afraid to make history and doing it again with a ground breaking announcement. >>> supreme court justice scalia raising eyebrows with a comment he made about murdered and homosexuality. if we cannot have moral feelings against homosexuality can we have it against murder, can we have it against other things? our big question for you is should a supreme court justice equate the morality of human sexuality with murder? tweet me at thomasaroberts or find me on facebook. anncr: some politicians seem to think medicare and... social security are just numbers in a budget. well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social secur
. good day. i'm andrea mitchell live in washington, and first it was ohio. then, indiana i understand and wisconsin. now the labor mooumt is fighting for its rights in lansing, michigan. out in the cold voicing outrage on the steps of the statehouse over right to work legislation that governor rick snyder says he will be signing when it reaches his desk likely tomorrow. joining me now nbc's ron mott live in lansing. ron, what is the latest, and how did this come to a head so quickly in michigan? >> reporter: it came together very quickly, andrea. good day to you. it's a cold day out here, but these folks are very fired up. they don't like the way that this legislation was pushed through the statehouse here. they believe that this was a republican strategy to go through a lame-duck session. they know they've got a little more democratic leaning legislature coming here next month, and they figure that this was the most opportune time to push this legislation through. a very small window of time to actually debate the issue, and then as you mention, tomorrow governor snyder is expected t
is that? tom foreman is in washington to speculate. good morning. >> reporter: hi, carroll. we don't know what that means. there's been speculation it will have something to do with mental health issues because certainly at a lot of local levels people talked about that on the republican side. people on the conservative side saying that has to be addressed as much, perhaps more than the gun issue itself. so we're expecting that may be the direction to go but the truth is we don't really know. what we do know is that the nra was quiet immediately after this. they often are after such incidents and they usually say as they did this time out of respect for the community and the family involved but now that a little bit of time has passed what we would certainly expect here is that there would be a clear message to the white house and to others which is be careful about overreacting at this point because the nra will push back and certainly they have proven that politically they have the power to do it not only nationally but certainly at the state level. carol? >> tom foreman reporting live
will come here to washington and ask us to help them out from their bad decisions. i hope at that time that we can show by pointing at these states and these right ideas that we know the solutions at the state level and that we also know that we can change how we think here at the federal level and make our country work a lot better. i i leave here with a lot of respect for my colleagues. i know my democrat colleagues believe with conviction their ideas. and i know my republican colleagues do too. but i hope we can look at the facts. i hope we can look at the real world. i hope we can look at what's working and set aside the politics and realize what really makes this country great and strong is when we move dollars and decisions out of washington back to people and communities and to states, that it works. not for 2% but for 100% of americans. i feel like our customers in the senate, at the heritage foundation, or wherever we go, are 100% of americans who these ideas can work for to build a better future and a stronger america. and i'm not leaving the fight. i hope to raise my game at
in washington that started over the weekend. [ cheering ] >> cenk: what i'm amused by is people who see that celebration and go, o, how terrible. we'll talk about it all on tonight's show. you know what time it is, go time. [ ♪ theme music ♪ ] >> cenk: so off and on on this show we talk about money and politics. i think it's the number one issue over all other issues. for once i have an amusing fact about that for you guys. last couple of weeks of the election turns out republican dopers gave $86 million to mitt romney. thinking that he would win and this would put him over the top. oops. wrong again bob. that's not how to worked out. what i love about that, if conservatives were watching "the young turks," they could have saved themselves $86 million. well, it's a good thing they weren't watching. now we turn to big donors and how they influence politics. mitt romney raised 82% of his money from big donors. you may not be surprised by that because romney is a rich donor guy. president obama is a man of the people. most of his money came from small people expect for the except for t
leader, eric kantor, warning lawmakers they will stay in washington until a fiscal deal is reached. allen west is here. before we get to the idea of staying in washington, you have said that negotiating with president obama is, to quote you, silly. >> i think when you look at what just happened today, the federal reserve will go into what is using -- >> greta: printing money. a fancy way to say it -- >> to the tune of $45 million a month foritous buy up our own treasury stocks. the argument is about $85 billion per year. when you put it thatn that context and understand that revenues have increased in the united states of america by 10% and spending by the for the government has increased 16% and we have a federal government spending 25s% of our gross domestic product, this is not a revenue issue, this is a spending issue. i think what we need to do is come up with the right type of legislation to solve this thing, keep these tax rates where they are and then if we want to come back next year and do the right thing, as far as the comprehensive tax scprmpl really solving this and promoting
of washington. in your gut, do you think that this is basically theater and they'll come to a deal quickly? >> i think it's -- i think the odds are about 50/50 right now. which is very high for a negative outcome this far along. there is a very good chance they go over the cliff at least for a few days at the beginning of the year. then, that galvanizes everything and they're finally able to come to a deal. >> especially when you see the economy just recovering. >> that's the thing. the question would be, how much harm will this do to the economy? if you have all of these spending cuts on every government program, on top of everyone's taxes going up, i should say, once you see that prospect of everyone's taxes going up, i do think that no matter what, by mid-january at the latest, you will see that tax cut reinstated for most americans. for the bottom 98%. >> psychologically, it's causing damage. confidence drop as well because of what's going on in washington. george, thank you. >>> today on the show, we got a big show, george has two powerhouse roundtables. later this morning on "this week." >
host: the two-hour washington journal this morning. the house and is in at 9:00. open telephones for any public policy issue you would like to discuss. you can see the numbers on your screen. you can also contact us on twitter, facebook, or by e-mail. you can see the addresses on your screen. let's start with an update on the so called "fiscal cliff." this is the washington post -- in a side arbucarticle -- that the washington post report on the fiscal cliff this morning. here's an article from "washington times" -- now this is from "politico." a situation that was in the paper couple weeks ago. looks li finally, before we go to phone calls, this article from the daily caller -- again, that is reported in the daily caller. we begin with a call from diane in julian, california, on our democratic line. caller: good morning, peter. my prediction came true, reelecting a president. women against violence acts, being held up by the house. john boehner and the republican house majority leader eric cantor. i tweeted last night quiet late saying the republicans are going to gang up on joh
is over. washington get back to work. the countdown is on. the clock is ticking. you've got six days to prevent this country from going over the fiscal cliff and today at least, we didn't see any action. nothing. nothing, nada. now, i'm not trying to be a grinch here. i hope everyone's had a merry, merry christmas. just like the president prescribed. >> drink some eggnog, have some christmas cookies, sing some christmas carols. >> but today's the 26th. you've drunk, you eaten and you've sung. now is the time for action. the latest news out of washington tonight, treasury secretary tim geithner told congress that the country will hit the debt ceiling on december 31st, new year's eve, some two months earlier than expected. but there is still no date yet on when the house of representatives will be called into session to veto a vote on any deal. president obama cut his hawaiian vacation short and is due to land in washington tomorrow. but if politicians aren't feeling enough urgency, the american people certainly are. a new gallup poll shows that 50% of americans think a deal is likely.
to entitlements. >> let me bring in "washington post" columnist danny milbank and "usa today" politics reporter jackie c. both released statements that said the lines of communication remain open. is there anything to read between the lines there, dana? >> chris, it's very heartwarming. but the fact of the matter is eve fn the speaker and the president are cuddling in the lincoln bedroom that's not going to get us a deal unless their stars are able to hammer something out. there have been no indications that they have been able to do so. so while certainly you'd want these guys to be meeting preferably more than once every three weeks as has been the case, i wouldn't take this as a sign that suddenly everything has turned around. we're probably no different place than we were yesterday. >> if you listen to bob corker, republicans know they have to give on taxes. so i guess, jackie, the key question is, what are the real options here? i mean, i suppose the house could pass the senate bill that extends tax cuts for 98% of americans, leave everything else until january. and use the debt ceiling as
for the national journal and ruth marcus is a columnist for "washington post." ruth, we'll start for you. if you're a remember of congress or the president -- >> way to go. don't do that to me. >> just for a moment, ruth. go with he. >> all right. >> do you say we need to get this done? and compromise is more important when you look at the screen right now? >> if i'm a member of congress or the president, i say that. am i confident, probably not because your poll is fascinating because the voters are so much more -- so much smarter than the politicians. they're both right about the unlikelihood of compromise. and right about the need for it. but the parties on both sides are also dealing with some pressures from their base voters and the need to not look like they were the ones who were giving in first. and so, that's -- i'm a believer with this speaker about the capacity of washington to pull rabbits out of hats or presents out of stockings, but you can't feel too optimistic right now. >> if you're a member of congress, you're not going to limp to your base i guess is what you're saying there.
will come out of retirement as a former sandy hook principal. and in washington, president obama issued a resounding call to action. >> this is not some washington commission. >> reporter: the president announced a powerful team of cabinet members, now have the new task of creating immediate reforms to prevent more shootings. and the vice president isn't wasting any time in getting to action. today, planning to convene a meeting of top law enforcement officials from all around the country, trying to brainstorm a way forward. live in sandy hook, mark greenblatt. rob and sunny, back to you. >> the fallout from the tragedy, remarkable. thank you for the live report. >>> and the sides placing new restrictions on so-called assault weapons. the white house is also looking at other solutions to the nation's gun problem. among the considerations, better funding for mental health counseling. also, steps to keep society from glamorizing guns and violence. the president is promising to send the idea to congress by the end of january. >>> in response to the washington talk about gun control, sales
in the reason was because declining enthusiasm. so there's not a republican in washington who describe themselves as a moderate or liberal, but the third of republicans in the country do. >> just to allays this point, rahm emanuel i say the republican party steeply provided to turn this small government land and no government land. there is a truth that not far. i am told we are now at our time. i want mickey to come back with a few closing comments. a part of this but that hasn't gotten as much attention in season mention that i like the bromides we should ignore chapter, which i would reach of the political system will collect no, no. third party to the, no. budget amendment say no. term limits they say no and public financing of elections no. but then i have a whole bunch of things they say yes to and i propose we have an election between the shadow congress and the current congress and then we can see who wins. so let me invite everybody to do closing comments. >> just going down a couple of these. does this represent the republican party as a whole. as citizens just said no, but i
airlines put together. 50% of people that travel this distance. and between washington d.c. and new york city, amtrak carries twice as many passengers as all airlines come bind. today it carries 75% of inner city travel letters between new york and washington. amtrak has done all this with the threat of funding cuts and privatization especially of the profitable northeast corridor hanging over its head. we know that in other parts of the world privatization of high speed passenger rail has tried and failed to solve the problems it was intended to solve. these plans were almost always preceded by funding cuts, system i can safety and reliability problems caused a great deal of upheaval in the transportation and forced countries to renational lies a system. with that being said, we think that amtrak's long-term next general plan for the northeast corridor provides a temp plate for a public private partnership that is worth discussing. if the partnership does not reduce the public interest or the interest of the brotherhood of lock motive engineers and other skilled workers. further they be
are slowing, down 12,000 to 350,000 last week. carol? >> thank you very much, washington. alison kosik thank you so much. >>> growing outrage over the decision of a new york newspaper to publish a map with the names and addresses of people who have gun permits. the interactive map was created with information available publicly. it pinpoints the location of legally licensed permit holders for handguns. we reached out for a statement from the newspaper, it sent us this, "the massacre in newtown, connecticut, remains at top-of-mind for many of our readers. or readers are understandably and keenly interested to know about who owns guns in their neighborhoods." scott summervila is president of the westchester new york fire owner association. he is on the list and joins me this morning. >> good morning, how are you? >> i'm good. you opened the newspaper and see your name, is that how you found out? >> yeah, actually i got a bunch of phone calls and said hey, by the way, this is not the first time they've done it. they've printed our names in the past but it's the first time they made it google ea
the 2012 presidential campaign. we will be live with your calls, tweets, and e-mails, "washington journal" is next. ♪ host: good morning , president obama is in hawaii this weekend for the christmas holiday with his family. he will join a congressional delegation later today led by harry reid in services in holland -- in honolulu for late senator daniel inouye passed away last week that congress will return monday to continue fiscal negotiations. we will look at the options ahead for the president as the january deadline looms but we want to begin with your comments on another debate front and center in washington following the tragic shooting in newtown, conn. -- that is gun-control. "the washington post" said a bitter fight ahead. the numbers are on your screen. we look at some of the headlines on the sunday morning beginning with "the connecticut post." - you can see the flag remaining at half staff outside one of the churches in newtown, conn. following the burial of 20 children and six women killed about a week and a half ago. this is from the front page of today's "new yor
. but in washington the debate is already beginning and today a key voice, a powerful voice was at last heard. >> the national rifle association. >> reporter: wayne lapierre, the long-time executive vice president of the nra, took to the podium in washington just an hour or so after the national moment of remembrance. for a week, the nra had been silent, uncharacteristically silent as their opponents lambasted them. >> change, change, change! >> reporter: today, lapierre fired back. >> the only thing that stops a bad guy with a gun is a good guy with a gun. but since when did the gun automatically become a bad word? i call on congress today to act immediately to appropriate whatever is necessary to put armed police officers in every single school in this nation. >> reporter: it was the classic nra crisis response. no retreat. no surrender. the answer to gun violence is, more guns, lapierre said, and rerailed against the very notion of gun-free school zones. >> they tell every insane killer in america that schools are the safest place to inflict maximum mayhem with minimum risk. >> reporter: l
was a poorly guarded secret in washington, john kerry nominated to the next secretary of state. susan rice was believed to be the first choice, but she pulled her name out of the running after several members of congress attacked her responses to the deadly attacks in benghazi. >>> a former u.s. marine was imprisoned in mexico for four months has been reunited with his family. john hammer was released yesterday partly thanks to the work from u.s. senator bill nelson. hammer was imprisoned on a questionable charge after police found him with an antique shotgun. he says u.s. officials told him it was okay to cross the border with the gun shown here, but mexican officials accused him of violating their law. those are the headlines, randi, back to you. >>> thanks, nick. as the year winds down, we wanted to take a look back at some of the top moments in 2012. >>> today is a new day at augusta national. >> augusta national, perhaps the most prestigious gulf club in america had excluded women from the membership role since the opening in 1932. but that changed in august with the highly showcased
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